Australian Politics Forum - Stock market crash today

BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: Stock market crash today Reply #30 - May 18^th, 2012 at 6:06pm red baron wrote on May 18^th, 2012 at 1:11pm: The way Labor is running the economy my only surprise is that it has taken this long for it to happen. Red Baron knows nothing. He doesn't even know what an economy is!!!
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BatteriesNotIncluded

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MediocrityNET: because
people died for this!

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Re: Stock market crash today
Reply #31 - May 18^th, 2012 at 6:08pm

Sir lastnail wrote on May 18^th, 2012 at 2:59pm:

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

Mate, people are reallocating their resources to buy up big in facebook!

Roll Eyes

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*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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Ex Dame Pansi

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Re: Stock market crash today
Reply #32 - May 18^th, 2012 at 6:36pm

red baron wrote on May 18^th, 2012 at 1:11pm:

The way Labor is running the economy my only surprise is that it has taken this long for it to happen. Cool

Are you serious?

$35 billion wiped off the Australian stock exchange today.

On the back of European woes.

Do you have any idea of what is happening in the European economy? Do you even know there is a Europe? Do you even know there is a whole other world out there?

There you go, a perfect example of island mentality.

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Bobby.

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Re: Stock market crash today
Reply #33 - May 18^th, 2012 at 10:58pm

Verge wrote on May 18^th, 2012 at 5:29pm:

Bobby. wrote on May 18^th, 2012 at 3:15pm:

Sir lastnail wrote on May 18^th, 2012 at 2:59pm:

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

We''ll see Nail.
I wonder if BHP will get to $20 again?

This is no advice to you, but if they get to that again I for one will be buying them.

Yes - I could have kicked myself for not buying BHP at $20
after the last GFC hit.
They went back up to over $40 so selling on the high
would have doubled one's money.

BHP got down to $31.010 today at it's lowest.
Buy in gloom - sell in boom.

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=bhp#closing...

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BigOl64

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Re: Stock market crash today
Reply #34 - May 19^th, 2012 at 5:28am

Sir lastnail wrote on May 18^th, 2012 at 12:06pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 11:59am:

Why do ppl think they have lost money when the stock market goes down? If you dont sell then it will still be there when it goes back up. The stock market always goes up and down.

SOB

to bad if you are retiring now though Sad

If you have left your super fund in higher risk investments within 5 - 10 yrs of retirement then you are a fool and deserve to be broke.

Higher risk ie the share market is for when you are younger and have time to ride the peaks and troughs, NOT when you are about to retire.

So for most retirees the market is irrelevant as their money is now in cash.

You would know that if you took a few minutes to do basic research. Angry

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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: Stock market crash today Reply #35 - May 19^th, 2012 at 9:57am 2% drop is not a crash. some of you people could do with an education in the meanings of words.
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Sir Spot of Borg Gold Member Offline WE ARE BORG Posts: 26460 Australia	Re: Stock market crash today Reply #36 - May 19^th, 2012 at 10:13am longweekend58 wrote on May 19^th, 2012 at 9:57am: 2% drop is not a crash. some of you people could do with an education in the meanings of words. If the media says "AAAAAAAAH ITSA CRASH" then its a crash isnt it? SOB
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Bobby.

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Re: Stock market crash today
Reply #37 - May 19^th, 2012 at 10:18am

Sir Spot of Borg wrote on May 19^th, 2012 at 10:13am:

longweekend58 wrote on May 19^th, 2012 at 9:57am:

2% drop is not a crash. some of you people could do with an education in the meanings of words.

If the media says "AAAAAAAAH ITSA CRASH" then its a crash isnt it?

SOB

The USA market was only down a bit overnight so
all is well for now.
Is it time to pick up a bargain?

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